The number of mergers and acquisitions in China has rebounded to last year’s levels with outbound deals likely to increase by up to 40% next year, the South China Morning Post reported. According to a report by PricewaterhouseCoopers, domestic and inbound M&A transactions are expected to number 1,800 in the second half gainst the 2,00 deals same time last year; the full-year figure is expected to be 3,200 compared to 3,797 previously. The report said domestic transactions including intra-China or Hong Kong-China deals made up about 90% of M&As. Outbound deals are expected to reach US$30 billion this year, three times last year’s levels.
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